Company No: 04760264 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	18,346		688
Tangible assets	4	105,383		130,496
		123,729		131,184
Current assets
Stocks		77,666		63,623
Debtors	5	430,917		411,747
Cash at bank and in hand		1,365,872		1,274,430
		1,874,455		1,749,800
Creditors: amounts falling due within one year	6	( 288,986)		( 306,931)
Net current assets		1,585,469		1,442,869
Total assets less current liabilities		1,709,198		1,574,053
Provision for liabilities		( 23,889)		( 23,939)
Net assets		1,685,309		1,550,114
Capital and reserves
Called-up share capital	7	500		500
Capital redemption reserve		300		300
Profit and loss account		1,684,509		1,549,314
Total shareholder's funds		1,685,309		1,550,114

For the financial year ending 31 July 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Applied Metal Technology Limited (registered number: 04760264) were approved and authorised for issue by the Board of Directors on 16 October 2026. They were signed on its behalf by:

P D Griffiths Director

S Malcolm Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Applied Metal Technology Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3 Ashfield Close, Whitehall Industrial Estate, Leeds, LS12 5JB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Leasehold improvements	5 years straight line
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	20		19

3. Intangible assets

	Computer software		Total
	£		£
Cost
At 01 August 2025	1,800		1,800
Additions	20,790		20,790
At 31 July 2026	22,590		22,590
Accumulated amortisation
At 01 August 2025	1,112		1,112
Charge for the financial year	3,132		3,132
At 31 July 2026	4,244		4,244
Net book value
At 31 July 2026	18,346		18,346
At 31 July 2025	688		688

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£		£
Cost
At 01 August 2025	42,350		604,526		24,000		91,400		762,276
Additions	0		1,325		0		2,263		3,588
At 31 July 2026	42,350		605,851		24,000		93,663		765,864
Accumulated depreciation
At 01 August 2025	40,073		502,623		19,017		70,067		631,780
Charge for the financial year	1,030		20,585		1,245		5,841		28,701
At 31 July 2026	41,103		523,208		20,262		75,908		660,481
Net book value
At 31 July 2026	1,247		82,643		3,738		17,755		105,383
At 31 July 2025	2,277		101,903		4,983		21,333		130,496

5. Debtors

	2026		2025
	£		£
Trade debtors	364,768		339,781
Amounts owed by directors	0		53
Prepayments and accrued income	49,949		67,130
Other debtors	16,200		4,783
	430,917		411,747

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	52,669		83,351
Amounts owed to directors	4		0
Accruals	40,146		39,810
Corporation tax	120,732		111,972
Other taxation and social security	73,308		67,218
Other creditors	2,127		4,580
	288,986		306,931

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
200 Ordinary C shares of £ 1.00 each	200		200
125 Ordinary D shares of £ 1.00 each	125		125
100 Ordinary E shares of £ 1.00 each	100		100
50 Ordinary F shares of £ 1.00 each	50		50
25 Ordinary G shares of £ 1.00 each	25		25
	500		500

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	84,576		84,576
Between one and five years	225,536		310,112
	310,112		394,688

9. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Directors' loan accounts	0		53

During the financial year, no advances were made to the directors. The directors made repayments of £53 . At the end of the financial period, there was no overdrawn director loan accounts. These loans are interest free and repayable on demand.

10. Ultimate controlling party

Parent Company:

Applied Metal Technology Holdings Limited

Unit 3 Ashfield Close, Whitehall Industrial Estate, Leeds, West Yorkshire, United Kingdom, LS12 5JB